Automatic payments set up. Good or bad idea?

dizzydana17
Contributor
Contributor

I would love to be able to just set up my account to automatically deduct a fixed amount every month from my banking institution. My credit cards have this feature. I think it would save everyone time and the stress of having to remember to pay bills on time if it was already set up. There would be conditions, of course, as to whether or not the funds were available and the ramifications, if not.

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